In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Penny auction/ Reserve
Mark Crask
Member Posts: 1 ✭
Someone explain to me the purpose of having a listing that starts at $0.01, but have a Reserve?? Absolutely makes no sense. If you have a reserve, make that your starting bid that way you are not wasting bidder’s time.
Comments
Well, I happen to agree with that but some people will run the auctions as they see fit is my best answer.
What Grasshopper said.
Welcome to the forum @Mark Crask
welcome
one of the mysteries and as stated I seldom bid on a reserve auction it was common years ago across the board but not so much any more
Live auctions often have reserves.
Well, you could look at the reserve auction this way. You reserve the right not to bid on that auction.
Everyone must love the color green! And exactly the same shade of green I love!!
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain